Dubai Real Estate Retains Its Investment Attraction In 2019
The annual bayut.com annual report for 2019 shows Dubai estate market retaining investment attraction. It is despite flaccid rents and prices. The bayut.com report projects apartments and villas giving 7 and 5 percent respectively in 2019. The report sees Dubai Marina ideal for renting and investing in apartments. Haider Ali Khan projects attraction in the investment. It is on the basis of growing completion of off-plan projects in 2019. However, competitiveness alone appears benefitting landlords. Khan sits on the chief executive chair in Bayut.com. As long as the market oozes with expansion and maturity, the market keep returns attractive, adds Khan. Atif Rahman finds Dubai the best estate market from investment and rental yields perspectives . making it among one of the few reasons to settle in Dubai . He directs Danube Properties. In the eyes of Rahman, location, size, quality can wring a 7 to 10% yield from rents. Conversely, developed markets offer 2 to 5% return...